Community Health Network Of Connecticut Foundation Inc
Community Health Network Of Connecticut Foundation consistently reports no officer compensation amidst fluctuating revenues.
EIN: 200395748 · Wallingford, CT · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $81K |
| Program Spending | 90% |
| Net Assets | $195K |
| Transparency Score | 85/100 |
Is Community Health Network Of Connecticut Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Health Network Of Connecticut Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Health Network Of Connecticut Foundation Inc
Community Health Network Of Connecticut Foundation Inc (EIN: 200395748) is a nonprofit organization based in Wallingford, CT, classified under NTEE code T31. The organization reported total revenue of $173K and total assets of $269K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Health Network Of Connecticut Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Health Network Of Connecticut Foundation Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $81K |
| Surplus / Deficit | +$39K |
| Total Assets | $269K |
| Total Liabilities | $74K |
| Net Assets | $195K |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 27.6% |
| Months of Reserves | 40.1 months |
Financial Health Grade: A
In 2022, Community Health Network Of Connecticut Foundation Inc reported a surplus of $39K with revenue exceeding expenses, holds 40.1 months of operating reserves (strong position), has a debt-to-asset ratio of 27.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Community Health Network Of Connecticut Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +28.5% | -12.6% | +3.5% |
| 2021 | +15.1% | +17.8% | +14.0% |
| 2020 | -44.2% | -39.1% | -5.3% |
| 2019 | -13.4% | -18.3% | -10.0% |
| 2018 | +5.3% | -10.8% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Health Network Of Connecticut Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Health Network Of Connecticut Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly unusual for an organization of its size and suggests a volunteer-led or externally funded leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Health Network Of Connecticut Foundation Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Community Health Network Of Connecticut Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in leadership costs.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Positive net assets and growth in assets over the past decade, indicating financial stability.
- Expenses generally managed below or near revenue, leading to surpluses in many years (e.g., $119,430 revenue vs. $80,692 expenses in 2022).
Frequently Asked Questions about Community Health Network Of Connecticut Foundation Inc
Is Community Health Network Of Connecticut Foundation Inc a legitimate charity?
Community Health Network Of Connecticut Foundation Inc (EIN: 200395748) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $173K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Community Health Network Of Connecticut Foundation Inc spend its money?
Community Health Network Of Connecticut Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Community Health Network Of Connecticut Foundation Inc tax-deductible?
Community Health Network Of Connecticut Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200395748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Community Health Network Of Connecticut Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community Health Network Of Connecticut Foundation Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Health Network Of Connecticut Foundation Inc located?
Community Health Network Of Connecticut Foundation Inc is headquartered in Wallingford, Connecticut and files with the IRS under EIN 200395748. It is classified under NTEE code T31.
How many years of IRS 990 filings does Community Health Network Of Connecticut Foundation Inc have?
Community Health Network Of Connecticut Foundation Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $173K in total revenue.
Is Community Health Network Of Connecticut Foundation Inc a good charity?
Based on the provided data, the organization appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation, which suggests a strong dedication to its mission and efficient use of funds. Its financial stability, with assets growing to $269,388 in 2022, also supports this.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated over the years, ranging from a low of $80,764 in 2020 to a high of $243,483 in 2015. The latest reported revenue for 2022 was $119,430, showing variability but generally maintaining a base above $100,000 in recent years.
What is the organization's financial stability?
The organization demonstrates reasonable financial stability, with assets growing from $78,340 in 2013 to $269,388 in 2022. Liabilities have also fluctuated but are generally well-covered by assets, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Community Health Network Of Connecticut Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Community Health Network Of Connecticut Foundation Inc's revenue has declined by 9.3%, moving from $132K to $119K. Total assets increased by 78.6% over the same period, from $151K to $269K. Total functional expenses fell by 43.6%, from $143K to $81K. In its most recent filing year (2022), Community Health Network Of Connecticut Foundation Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $74K in liabilities against $269K in assets (debt-to-asset ratio: 27.6%), resulting in net assets of $195K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $119K | $81K | $269K | $74K | — | — |
| 2021 | $93K | $92K | $260K | $104K | — | View 990 |
| 2020 | $81K | $78K | $228K | $73K | — | — |
| 2019 | $145K | $129K | $241K | $88K | — | View 990 |
| 2018 | $167K | $158K | $268K | $131K | — | View 990 |
| 2017 | $159K | $177K | $241K | $113K | — | — |
| 2016 | $208K | $148K | $243K | $98K | — | View 990 |
| 2015 | $243K | $203K | $243K | $157K | — | View 990 |
| 2014 | $186K | $144K | $140K | $94K | — | View 990 |
| 2013 | $133K | $145K | $78K | $75K | — | View 990 |
| 2012 | $176K | $195K | $105K | $89K | — | View 990 |
| 2011 | $132K | $143K | $151K | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $119K, expenses of $81K, and assets of $269K (revenue +28.5% year-over-year).
- 2021: Revenue of $93K, expenses of $92K, and assets of $260K (revenue +15.1% year-over-year).
- 2020: Revenue of $81K, expenses of $78K, and assets of $228K (revenue -44.2% year-over-year).
- 2019: Revenue of $145K, expenses of $129K, and assets of $241K (revenue -13.4% year-over-year).
- 2018: Revenue of $167K, expenses of $158K, and assets of $268K (revenue +5.3% year-over-year).
- 2017: Revenue of $159K, expenses of $177K, and assets of $241K (revenue -23.6% year-over-year).
- 2016: Revenue of $208K, expenses of $148K, and assets of $243K (revenue -14.7% year-over-year).
- 2015: Revenue of $243K, expenses of $203K, and assets of $243K (revenue +30.8% year-over-year).
- 2014: Revenue of $186K, expenses of $144K, and assets of $140K (revenue +39.5% year-over-year).
- 2013: Revenue of $133K, expenses of $145K, and assets of $78K (revenue -24.4% year-over-year).
- 2012: Revenue of $176K, expenses of $195K, and assets of $105K (revenue +34.0% year-over-year).
- 2011: Revenue of $132K, expenses of $143K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Health Network Of Connecticut Foundation Inc:
Data Sources and Methodology
This transparency report for Community Health Network Of Connecticut Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.